Standard Recovery - Brazil (Follow-on)
Closed Special Notice Posted
This opportunity was awarded. See the award notice from .
- Solicitation number
- 83310125Q0022
- Agency
-
Export Import Bank of the US
- Responses due
- Set-aside
- No set-aside
Opportunity facts
- NAICS code
- 541110 Offices of Lawyers
- PSC
- R418 Support- Professional: Legal
- Place of performance
- Brazil
Notice details come from SAM.gov. Updated .
About this opportunity
The Export Import Bank of the United States (EXIM Bank) has issued a Special Notice for a follow-on contract to provide asset protection and recovery services in Brazil. The notice announces the intent to award a sole source contract for ongoing recovery efforts related to outstanding amounts owed to the bank. This opportunity is specifically for continuing work on existing case numbers involving a Brazilian debtor, with the contract to be awarded to the original vendor. The procurement falls under the North American Industry Classification System (NAICS) code 541110 for Offices of Lawyers, with a size standard of $15.5 million. The contract will be performed at EXIM Bank's headquarters in Washington, D.C. and in Brazil.
The primary objective of this contract is to assist EXIM Bank in collecting outstanding loan balances through comprehensive recovery services. Contractors will be responsible for asset searches, site visits, negotiations, potential litigation, and asset execution strategies. The performance work statement outlines a five-year contract period with specific requirements, including preparing a written recovery plan within 60 days of contract execution and meeting with EXIM Bank recovery officers twice annually. Contractors must have expertise in Brazilian legal processes and be capable of pursuing recovery through negotiation, restructuring, and legal actions. The contract will be paid on a contingency basis, with compensation tied to successful fund recovery. Eligibility is limited, as the contract is being awarded sole source to the original vendor under FAR 16.505(2)(c), with the rationale of maintaining fairness and continuity in the recovery process. Key deadlines include a proposal submission due date of May 5, 2025, with contract performance beginning shortly thereafter.
Notice text
Synopsis – 83310125Q0022 | Claim in Brazil (Follow-on)
EXIM Bank, headquartered in Washington, D.C., is providing this notice of intent to issue a sole source follow-on award to provide asset protection and recovery services.
The applicable Product/Service Code is R418.
The applicable North American Industry Classification System (NAICS) code is 541110 - Office of Lawyers, which has a size standard of $15.5M.
This requirement is to assist EXIM in its efforts to collect outstanding amounts owed to EXIM by the obligor/buyer and all guarantors, if any. These efforts will include, as EXIM may direct, asset searches, site visits, negotiations, litigation, documentation of agreements, embargoing assets and executing upon assets. See attached PWS.
When an individual AMD recovery contract ends but the recovery action is still pending resolution, we award follow-on contracts on a sole source basis to the original vendor (per FAR 16.505(2)(c)) as long as it is for the same recovery case(s). The rationale for this is the combination of contingency payment agreement and the frequent long length of the recovery process. With limited vendor availability, if we did not follow this practice, the original vendor could perform most of the work and the subsequent vendor would reap the rewards of any funds recovered. By awarding follow-on contracts in this manner, we establish fairness for the vendors in an unusual situation, retain good relations with a limited vendor pool for future needs, and therefore get the best long-term benefit to the government.
Place of Contract Performance:
EXIM Bank in Washington, D.C. and Brazil
Contracting Point of Contact and/or Contracting Officer:
Travis Finkle
Travis.Finkle@exim.gov
Contracting Office Address:
Office of Contract Services
811 Vermont Ave., NW
Washington, DC 20571
Files
| File | Type | Posted |
|---|---|---|
| PWS - Intl Rec_Brazil - FINAL_Redacted.pdf | ||
| JOFOC - Intl Rec_Brazil - FINAL_Redacted.pdf |
Notice history
| Notice | Type | Posted |
|---|---|---|
| Standard Recovery - Brazil (Follow-on) | Award Notice | |
| This notice | Special Notice |
Similar open opportunities
| Opportunity | Agency | Set-aside | Responses due |
|---|---|---|---|
| Recovery Worldwide BPA | Export Import Bank of the US | No set-aside | |
| Standard Recovery - Argentina | Export Import Bank of the US | No set-aside |
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